United States Oil Fund LP (USO) Alternatives
United States Oil Fund LP (USO) belongs to the Oil & Gas category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with USO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to USO
USO charges 0.79% annually. Among ETFs in the Oil & Gas category, these options have the lowest expense ratios among USO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BP p.l.c. ADRhedged ETF | 0.19% | Jan 3, 2025 | USO vs BPH | |
| ProShares K-1 Free Crude Oil Strategy ETF | 0.68% | Sep 26, 2016 | USO vs OILK | |
| United States Gasoline Fund LP | 0.75% | Feb 26, 2008 | USO vs UGA | |
| Invesco DB Oil Fund | 0.78% | Jan 5, 2007 | USO vs DBO | |
| Invesco DB Energy Fund | 0.78% | Jan 5, 2007 | USO vs DBE |
Best Risk-Adjusted Alternatives to USO
Among ETFs in the Oil & Gas category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| United States Gasoline Fund LP | 80 | Feb 26, 2008 | USO vs UGA | |
| Invesco DB Energy Fund | 79 | Jan 5, 2007 | USO vs DBE | |
| United States Brent Oil Fund LP | 79 | Jun 2, 2010 | USO vs BNO | |
| BP p.l.c. ADRhedged ETF | 59 | Jan 3, 2025 | USO vs BPH | |
| Invesco DB Oil Fund | 56 | Jan 5, 2007 | USO vs DBO |
Top Performing USO Alternatives (YTD)
USO alternatives from the Oil & Gas category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| United States Brent Oil Fund LP | 77.72% | Jun 2, 2010 | USO vs BNO | |
| Invesco DB Energy Fund | 64.73% | Jan 5, 2007 | USO vs DBE | |
| United States Gasoline Fund LP | 61.19% | Feb 26, 2008 | USO vs UGA | |
| Invesco DB Oil Fund | 55.98% | Jan 5, 2007 | USO vs DBO | |
| ProShares K-1 Free Crude Oil Strategy ETF | 42.24% | Sep 26, 2016 | USO vs OILK |
Lowest Volatility Alternatives to USO
USO alternatives from the Oil & Gas category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| United States 12 Month Oil Fund LP | 28.77% | Dec 6, 2007 | USO vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | 29.06% | Sep 26, 2016 | USO vs OILK | |
| BP p.l.c. ADRhedged ETF | 29.60% | Jan 3, 2025 | USO vs BPH | |
| Invesco DB Energy Fund | 31.68% | Jan 5, 2007 | USO vs DBE | |
| United States Gasoline Fund LP | 32.35% | Feb 26, 2008 | USO vs UGA |
Lowest Drawdown Alternatives to USO
USO alternatives from the Oil & Gas category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco DB Energy Fund | -14.70% | Jan 5, 2007 | USO vs DBE | |
| United States Gasoline Fund LP | -15.53% | Feb 26, 2008 | USO vs UGA | |
| United States 12 Month Oil Fund LP | -17.26% | Dec 6, 2007 | USO vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -17.35% | Sep 26, 2016 | USO vs OILK | |
| Invesco DB Oil Fund | -18.19% | Jan 5, 2007 | USO vs DBO |
Other ETFs from Concierge Technologies
Most popular Concierge Technologies ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| United States Copper Index Fund | Metals | 19 | -1.77% | Nov 15, 2011 | USO vs CPER | |
| United States Natural Gas Fund LP | Oil & Gas | 2 | -6.85% | Apr 18, 2007 | USO vs UNG | |
| United States Commodity Index Fund | Commodities | 80 | 22.25% | Aug 10, 2010 | USO vs USCI | |
| United States 12 Month Natural Gas Fund LP | Oil & Gas | 1 | -8.13% | Nov 18, 2009 | USO vs UNL |
Often Compared With USO
What investors most often compare with USO, based on PortfoliosLab usage data.
Compare USO with Any Fund or Stock
Compare USO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.